Should the government raise the federal minimum wage?
No, this will only cause prices to increase in a never ending cycle
I think this may be true, but if an 18 year old is living on their own, they may need more money to…
While it's true that a young adult living on their own may need more income, raising the minimum wage might not be the best solution. Consider a small business struggling to turn a profit. If they're required to pay their employees $15 an hour, they may not be able to afford to hire as many workers, leading to job loss. Or, they might have to raise their prices to cover the increased labor cost, which would affect all of their customers. What do you think about this scenario? Could there be a better way to help young adults afford living expenses without potentially harming small businesses or consumers?
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